Biotech is going to the dogs – and big profits await
For Jessica Lescault there is no question that her 6-year old English bulldog “Moose” deserves cutting-edge biotechnology cancer treatment as much as any human patient.
New York extends lead over Brexit-hit London in finance center poll
New York has extended its lead as the world’s top financial center, with London barely holding on to second place ahead of Hong Kong as uncertainty over Brexit takes its toll on the UK capital, a Z/Yen Group survey for 2019 showed on Thursday.
China’s growth could slip below 6%, analysts warn, as trade war takes toll
China’s economic growth risks slipping below the lower-end of Beijing 2019 target of 6% in the third quarter or over the next year, analysts warn, but government economists are slightly more optimistic as they expect stimulus to help stave off a sharpe…
Ryanair plans 500-700 job cuts as O’Leary bags bonus
Ryanair’s Chief Executive Michael O’Leary said he plans to cut 500-700 jobs at the airline as shareholders narrowly approved a bonus scheme on Thursday that could earn him around 100 million euros ($111 million) over five years.
Shares inch higher after Fed cut, BOJ keeps powder dry
A positive start in Europe nudged the main world share indexes and bond yields higher on Thursday, after the U.S. Federal Reserve’s second interest rate cut of the year while Japan and others kept their limited remaining powder dry.
UTC technology chief Eremenko steps down
(In the September 18 story corrects to delete “by email” and to clarify that technology and engineering not a business within UTC in paragraphs 3,6)
UTC technology chief Eremenko steps down
(In the September 18 story corrects to delete “by email” and to clarify that technology and engineering not a business within UTC in paragraphs 3,6)
Fire and hail push insurers to rethink climate change risks
By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay Valley had burned both his tractor and the shipping container where he kept some tools. His insurer is set to pay out a sixth of his losses….
Asian shares decline on guarded Fed, yen rises after BOJ holds fire
Asian shares extended declines on Thursday after the U.S. Federal Reserve signaled a higher bar to further easings, while the Bank of Japan also held off from offering more stimulus as some had hoped.
Exclusive: Deutsche Bank has discussed adding assets to bad bank if sales go well – sources
Some senior Deutsche Bank AG officials have discussed the possibility of putting additional problematic assets worth billions of euros into a unit it created earlier this year, if the bank is able to sell assets already held within that “bad bank,” ac…
